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Oando PLC operates in oil and gas exploration, trading and renewable energy sectors across the continent. It has a strong environmental, social and governance responsibility and a dual listing on the Nigerian and South African stock exchanges.
Oando is Nigeria's indigenous oil and gas company with a production output of 43,000 barrels (6,800 cubic metres) per day of oil equivalent, enterprise value of N520 billion and market capitalisation value of N115.1 billion. History. Oando's earliest roots can be traced to the formation of Esso Africa in 1956.
Apr 23, 2024 · Oando PLC, a Nigerian energy group, reported a loss of N81.2 billion for the year ended December 31, 2022, due to production downtimes and interest expenses. The group's revenue increased by 148% to N2 trillion, while its trading volumes of crude oil and refined products also rose.
Oando PLC is a leading energy company with operations in Nigeria and South Africa. It provides news and media updates on its financial performance, corporate social responsibility, and annual reports.
Oando Energy Resources is a Nigerian oil and gas company with interests in onshore and offshore assets. It aims to be the leading indigenous exploration and production player on the continent, and provides updates on its reserves, production and financial performance.
